With a Clackamas County Bank savings account your funds are accessible and earn a competitive rate. Savings accounts can be opened with a minimum balance of $200.00.
Your interest rate and annual percentage yield may change weekly at our discretion. See our Separate Rate Sheet. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest will be compounded daily and credited quarterly. Interest begins to accrue the day of the deposit. Federal law lilmits withdrawals/transfers from your savings account to six (6) per month, however you may make only nine (9) withdrawals or transfers from your account per quarter before being assessed an additional fee of $0.50 for each transactions after nine (9) withdrawals or transfers. The ATM access fee for non-CCB ATM's is $.75 cents per transaction, however you may have unlimited ATM usage for $3.25 per month. This will allow you to access cash from any Plus network throughout the continental United States and Canada for immediate cash from your CCB Savings Account; however after nine (9) withdrawals the $.50 cent withdrawal fee will apply.
If your daily balance drops below $200.00 there will be a service fee of $3.00 per month (waived for those under 18 years of age and those 62 or over.)
Accounts closed within 90 days of opening will be charges $10.00.
For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.